Investors added more risk, inspired by the Fed's pledge to keep rates on hold until late 2014. AUD/USD and NZD/USD saw most of the action, and even EUR/USD crept higher. AUD/USD surged through Asian trade and also managed to add some ground in the European session. The move higher saw the pair print a high of 1.0688, before retreating a little in US trade. However, risk appetite was slightly hampered by a rise in US jobless claims and early rumours about ECB and private sector haircuts on EU debt. However, AUD/USD still had plenty of positive drivers with Caterpillar, the world's largest construction and mining equipment maker, posting earnings that exceeded analysts' estimates. This is a good bellwether for the resource space and for economic growth prospects. Gains across commodities also helped the pair to a fairly strong session. News that Russia will be looking to ramp up its investments in Australia could also support AUD/USD going forward. However, ongoing eurozone concerns could still weigh on the pair in the near term. Stan Shamu, Australia